Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Fox NFL Reporter Erin Andrews 2009 hotel video
    SportsVideos

    Fox NFL Reporter Erin Andrews Recalls Career Fears After 2009 Hotel Video

    September 12, 2026 1 Min Read
    Sharon Stone ‘Orbs’ During Stroke Recovery
    Videos

    Sharon Stone Recalls ‘Orbs’ During Stroke Recovery

    September 12, 2026 1 Min Read
    GA-20 and Grammy-winning musician Charlie Musselwhite perform “I Can’t Hold Out” during CBS Saturday Morning’s Saturday Sessions on August 1.
    Videos

    GA-20 and Charlie Musselwhite Perform ‘I Can’t Hold Out’

    August 2, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pakistan Navy seeks Rs.15b for fleet modernisation
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Pakistan > Pakistan Navy seeks Rs.15b for fleet modernisation
Pakistan

Pakistan Navy seeks Rs.15b for fleet modernisation

Web Desk
By Web Desk Published March 31, 2015 2 Min Read
Share
SHARE

As part of a massive fleet modernisation plan, the Pakistan Navy is seeking Rs15 billion over the next three years for its needs, a request that the acting naval chief made directly to Finance Minister Ishaq Dar.

Acting Chief of Naval Staff, Vice Admiral Khan Hasham Bin Siddique met the minister yesterday, at the finance ministry, seeking funds to meet the navy’s more urgent needs, as well as future requirements of the naval forces, according to a handout issued by the ministry. The acting naval chief sought over Rs2 billion for meeting immediate requirements and another Rs15 billion for future needs, said an official after the meeting.

The meeting indicates that the Pakistan Navy wants to go for major defence procurements over the next few years, aimed at modernising its fleet. As the smallest of Pakistan’s three armed services, the navy usually gets only one-tenth of the total stated defence budget, with the bulk going to the army. The direct meeting with the finance minister suggests that the navy is keen to get its needs fulfilled.

For his part, the finance minister was supportive of the idea of fleet modernisation, but asked the navy to go through the joint staff headquarters of the armed forces. “The minister directed that a complete picture of Armed Forces Development Plan (AFDP) be presented in consultation with the Joint Staff Head Quarters to assess the budgetary requirements over the next three years,” said the official handout.

However, Dar was also quoted as saying: “If there is a need, the government will not hesitate to help the navy through budgetary support.”

The federal government separately provides funds for the AFDP. This funding is over and above the traditional defense budget and usually ranges between Rs165 billion to Rs200 billion. For the current fiscal year, the government has allocated Rs165 billion under the heading “contingent liabilities”, but is meant for meeting the development needs of the military.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Bank Alfalah Pehchan account

Recent Posts

Imran Khan Murder Case

Imran Khan Medical Case: FCC Seeks Supreme Court Records

Mohammad Rizwan Captain

Rizwan NCCIA Response Questions Summons, Phone Seizure

Khyber Pakhtunkhwa Government and Khyber Pakhtunkhwa Information Commission logos representing public information access and government services.

KP Complaints System Adds Tracking, Confidentiality Rules

Post Archives

More Popular from Photonews

President Donald Trump stands with Todd Blanche, then deputy attorney general, during a 2025 news briefing.
Top NewsWorld

Nazira Haji Zada Deported After DOJ Terrorism Case

2 Min Read
U.S. military uniform with American flag and space mission patch.
World

US military on High Alert as Iran Tensions Threaten Energy Supply

1 Min Read
McKenna West walks down a hallway at family court in Dallas, Texas, after a hearing.
World

Surrogate Takes Custody Dispute to US Supreme Court

2 Min Read
Pakistan

PMDC Bars Afghan Medical Students, Orders Return Home

ISLAMABAD: The Pakistan Medical and Dental Council (PMDC) has barred new admissions and transfers of Afghan…

September 9, 2026
Offbeat

Brian Hickerson Detained After Greenville Restaurant Fight

GREENVILLE, South Carolina: Brian Hickerson was detained Saturday night after police responded to a fight at…

September 14, 2026
World

Strait of Hormuz Blacklist Expands to 77 Vessels

TEHRAN, Iran: Iran’s Strait of Hormuz blocklist has expanded to 77 vessels, with authorities warning that…

September 14, 2026
Offbeat

UK Assisted Dying Bill Defeated by 16-Vote Majority

LONDON, United Kingdom: The UK assisted dying bill was defeated in the House of Commons on…

September 12, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?